An Empirical Test of Harrod’s Model

  title={An Empirical Test of Harrod’s Model},
  author={Giuseppe Orlando and Fabio Della Rossa},
  journal={Nonlinearities in Economics},
After having illustrated in Chap. 13 the Harrod’s model and a chaotic specification of it, in this Chapter we are going to prove that (1) real data could be obtained by a suitable calibration of model’s parameters, (2) the calibrated model confirms theoretical predictions (Orlando and Della Rossa, Mathematics 7(6):524, 2019). 


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